ABSTRACT

The rate of increase of labor productivity to a large extent determines the growth rates of other important targets in the national economic plan. This is because an increase in labor productivity implies growth of the social product. And the larger the social product is, the larger will be the accumulation fund for expanding output and the consumption fund for further increasing the people's material standard of living. Labor productivity is the value of the output produced by one worker in a given period of time, or the number of labor hours used to produce one unit of output. The target for the gross value of output per worker calculated at constant prices is determined by dividing the total number of workers into the gross value of industrial output calculated at constant prices. In the Soviet Union, the number of engineering and technical personnel for some branches is calculated according to the "standard employment quotas table.".